Teekay Tankers
158 hedge funds and large institutions have $636M invested in Teekay Tankers in 2023 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 60 increasing their positions, 50 reducing their positions, and 33 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 50
10% more call options, than puts
Call options by funds: $12.3M | Put options by funds: $11.2M
0% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 33
0.03% less ownership
Funds ownership: 56.74% → 56.71% (-0.03%)
1% less funds holding
Funds holding: 159 → 158 (-1)
12% less capital invested
Capital invested by funds: $723M → $636M (-$87.8M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFCS
Pale Fire Capital SE
Prague,
Czech Republic
|
+$21.3M |
| 2 |
JP Morgan Chase
New York
|
+$12.6M |
| 3 |
Man Group
London,
United Kingdom
|
+$9.9M |
| 4 |
DC
Davenport & Co
Richmond,
Virginia
|
+$9.68M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$7.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$19.4M |
| 2 |
Morgan Stanley
New York
|
-$16.3M |
| 3 |
Millennium Management
New York
|
-$12.2M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$7.19M |
| 5 |
Two Sigma Investments
New York
|
-$6.28M |
TNK Hedge Fund Activity: Q2 2023 in Review
158 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q2 2023, worth a combined $636M — down 12% from $723M a quarter earlier.
Fund positioning in TNK was balanced in Q2 2023: 33 funds opened new positions, 33 closed out, 60 added to existing stakes and 50 trimmed.
The largest buyer was Pale Fire Capital SE, opening a new position worth an estimated $21.3M. The largest seller was Citadel Advisors, cutting an estimated $19.4M.
- 158 institutional investors held Teekay Tankers (TNK) as of Q2 2023, down from 159 in Q1 2023.
- Funds reported $636M of Teekay Tankers stock for Q2 2023, down 12% quarter-over-quarter.
- 33 funds opened new Teekay Tankers positions in Q2 2023 and 33 closed out, a net change of 0 holders.
- The largest Teekay Tankers buyer in Q2 2023 was Pale Fire Capital SE, an estimated $21.3M added.
- The largest Teekay Tankers seller in Q2 2023 was Citadel Advisors, an estimated $19.4M sold.
Based on aggregated 13F filings for Q2 2023.